73 South Main Street, Waterbury, VT 05676

$4,595,000
16,578
SqFt

Listing courtesy of Smith Macdonald Group from Coldwell Banker Carlson Real Estate. ()

List Price
$4,595,000
Status
ACTIVE
MLS#
5002132
Living Area
16,578
Lot Size
37,462
Acres
0.86
Year Built
2004

Property Description

Prime Multi-Family Investment Opportunity in Downtown Waterbury, VT: 20 Units, NOI $330K+ with 7%+ Cap Rate Discover an exceptional investment opportunity in the heart of charming Waterbury, Vermont. This property generates a robust return on investment—the projected NOI growth will reach over $400,000 within the next 12 months. Fully Occupied: The property enjoys 100% occupancy, reflecting its desirability and the strong rental market in Waterbury. Unit Variety: The three buildings offer a diverse mix of 1, 2, and 3-bedroom units. Ample Storage & Parking: Many units come with full basements, providing substantial storage options, and ample parking. Excellent Condition: This property requires limited to no capital expenditures due to its outstanding condition, ensuring a hassle-free investment experience. Ideal Location: Situated within walking distance of all downtown Waterbury amenities. The property offers convenient access to I-89, making it an attractive choice for commuters traveling to Burlington, Montpelier, and beyond. Investment Potential: This property is rare in Waterbury's competitive real estate market. Its strong financial performance, prime location, and excellent condition make it a standout investment.

Additional Information

Delayed Showing
No
Tax Amount
$45,925
Listing Agent
Smith Macdonald Group
Listing Office
Coldwell Banker Carlson Real Estate
School District
Washington
Number Stories
2
Electric
Circuit Breaker(s)
Basement
Unfinished
Flood Zone
Yes
Garage And Parking
Off Street
Foundation
Concrete, Slab - Concrete
Roads
Paved, Public
Driveway
Paved
Sewer
Public
Units
20
Roof
Metal
Zoning
Downtown Comm
Heat Fuel
Gas - LP/Bottle
Heating And Cooling
Baseboard, Hot Water
Seasonal
No

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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